Industrial and Commercial Bank of China, Limited SWIFT/BIC code

What ICBKQAQA means for a payment to Industrial and Commercial Bank of China, Limited

If an invoice shows ICBKQAQA or ICBKQAQAXXX, it is the identical address for Industrial and Commercial Bank of China, Limited in Qatar. A SWIFT code tells the sending bank exactly which bank should receive the money, much like a postcode for banks. In daily life you usually see the code on invoices from abroad, in payment forms and in the bank details that Industrial and Commercial Bank of China, Limited provides.

Further down you will find the practical side: money coming in from abroad, paying someone in another country and how to check the code before you hit send. The SWIFT code alone cannot identify a personal account; that is what the account number or IBAN is for.

When will the money arrive at Industrial and Commercial Bank of China, Limited?

There is no fixed answer for every transfer: many land within a day. Weekends and public holidays in either country can add extra days, since banks do not process on those days. Compliance checks on larger or unusual payments may also cause some delay, regardless of the details.

When a payment takes longer than expected, ask the sending bank about the tracking status and the transaction reference; with that reference banks can see where the payment is. Money transfer services usually provide tracking online so you can see where the payment has got.

A delayed transfer is traced from the sending side on the basis of the transfer details. Request from the sender the payment receipt with the date and reference; that often settles the question quickly.

Receiving money from abroad at Industrial and Commercial Bank of China, Limited

Someone abroad who wants to pay you will ask for a few details from you – incomplete details often cause delays. Give them your name as the bank knows it, your account number or IBAN, SWIFT code ICBKQAQAXXX and your address, which some banks require.

It helps to add the bank name and Doha too, since some forms ask for it. A mistake in the IBAN is more trouble than it looks.

An incoming payment does not always land for the full amount. Fees for incoming transfers vary from bank to bank – the price list of Industrial and Commercial Bank of China, Limited tells you what applies. For business payments, it is common to state how the fees are split to avoid a shortfall.

8 or 11 characters: ICBKQAQA versus ICBKQAQAXXX

Each SWIFT/BIC code has the same eight core characters: four letters for the bank, two letters for the country and two characters for the location. That gives you ICBKQAQA.

The 11-character version has three more characters for a branch or department. If the last three are XXX, the code points to the head office, so ICBKQAQAXXX and ICBKQAQA are interchangeable.

Enter the code in one piece, in capitals and without separators. Look out for the letter O and the digit 0 or the letter I and the digit 1, a common source of typos.

Head office or branch code at Industrial and Commercial Bank of China, Limited?

Our directory lists 2 SWIFT/BIC codes for Industrial and Commercial Bank of China, Limited in 1 places. Besides the head office code ICBKQAQAXXX, you will find codes for individual branches and departments.

Usually there is no need to pick a branch: transfers sent to ICBKQAQAXXX reach Industrial and Commercial Bank of China, Limited without problems. Only use a branch code when the account holder explicitly asks for it, for example on an invoice or in their bank details.

Not sure which code applies? Check with the recipient, or look at a recent statement from Industrial and Commercial Bank of China, Limited. Codes are sometimes changed or retired when banks reorganise.

Where our SWIFT data comes from

The details on this page come from publicly available data which we refresh regularly. Even so, banks merge or retire codes, so information can be out of date. The number of codes on this page reflect what is in our directory.

Use this page as a reference, not as the final word: the recipient’s bank details come first. GoldexPay has no connection to Industrial and Commercial Bank of China, Limited, we only compare transfer services. If you notice something that is out of date, we appreciate a message.

How to check ICBKQAQA before you pay

Have the recipient send you the account details directly from a recent statement. If the code you have does not match ICBKQAQA or ICBKQAQAXXX, do not guess.

A wrong SWIFT code can cause a delay, a payment being sent back or extra fees for investigation. Remember the account number: a mistake there is harder to undo than a wrong BIC.

An automatic check by your bank only confirms that the code exists – not that it belongs to the person you mean to pay. More and more banks check the name against the account – do not ignore a mismatch warning. A small test payment is worth it for large sums.

International transfers from Industrial and Commercial Bank of China, Limited: the real cost

What you pay for a payment abroad is made up of more than one component. Besides the transfer fee, banks in between can take a cut, and if the money changes currency the bank often uses a rate that is less favourable than the actual market rate.

The markup on the rate tends to be the largest cost even though it is not listed as a fee. Check their rate with the mid-market rate – the rate you find on financial news sites.

For a lot of currency pairs, a transfer service is less expensive than a traditional bank transfer – mostly thanks to the rate. On GoldexPay you can compare the amount that arrives with different providers, which makes the cheapest option easy to spot. Choosing a specialist does not mean closing your account at Industrial and Commercial Bank of China, Limited – you pay the provider from your own account.

Watch out for payment fraud

Be alert when a contact unexpectedly wants you to pay into a different account or a bank in another country. A valid SWIFT code tells you nothing about whether the request is genuine.

Always verify a change of bank details through a phone call on a number you know, not one from the message. Urgency and requests to keep it quiet tend to be red flags. Already paid? Contact your bank straight away and have them try to recall the payment.

Fraud also target the receiver. Someone sends too much and wants you to return the difference via a different route. A payment confirmation from the sender is no proof – check your own account.